Shelley Sylvester has been appointed Group Chief Financial Officer (CFO) of AS Bryden & Sons Holdings (ASBH).
In a notice posted to the Trinidad and Tobago Stock Exchange yesterday, the board of directors of AS Bryden announced the appointment.
In the notice, ASBH Group CEO, John De Silva said Sylvester will take up the role from Wednesday July 1, 2026 (today).
ASBH said Sylvester brings over 20 years of extensive financial management and executive leadership experience across regional and international territories.
Sylvester had most recently been chief operating officer of Guardian General Insurance Limited.
AS Bryden and Sons Holdings Ltd has reported a decline in financial performance for the first quarter of 2026, reflecting a challenging operating environment across several of its key Caribbean markets, according to its unaudited financial statements for the quarter ended March 31, 2026.
The group recorded revenue of US$141.2 million for the three-month period, down from US$150.6 million in the same period last year.
Net profit attributable to shareholders fell sharply to US$67,000 compared to US$3.2 million reported in the first quarter of 2025.
In June 2022, Jamaican company Seprod purchased a controlling 60 per cent stake in the T&T company for approximately US$45 million.
In May 2025, Seprod issued a formal Take-Over Bid Circular to purchase up to 447,491,012 ordinary shares (representing a 29.85 per cent stake) to bring its total ownership of ASBH up to 80 per cent.
